darwin discussion | Page 42 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading for silver Darwin 16 replies

Elliott Waves discussion 4 replies

Euro/Dollar discussion 9 replies

Forward Testing Discussion Thread 241 replies

Attachments: darwin discussion
Exit Attachments

darwin discussion

  • #821
  • Feb 25, 2025 12:21am Feb 25, 2025 12:21am
Quoting OutThere
It's really interesting to know that someone with about 2 weeks of trading record in total can take investor funds... He did 1st week to calibrate, one more week too and he is an accredited fund manager open to accept funds and Darwinex is totally ok with that. And to Darwinex, this is indicative of a successful trader??? 2 streaks and he is no longer considered just a lucky trader. Who knew?
Yes I know,but that is Darwinex's problem.Anyway only the dumbest investors invest into young darwins. Sometimes these are friends and family backing known person...
Investing in anybody(unless you know the person) before he demonstrated staying power and discipline,is fools errand and that means anything less than 2-3 years of trackrecord.
I also think ,what Darwinex calls, calibration phase is a fucking joke.It should be minimum 45 trading days(that's minimum data for Risk Engine to work properly),optimally it should be 6 trading months.But then who will stay around so long,people want everything fast these days,no patience,no long-term thinking. Some traders take advantage of this situation and pump their darwin to +10% in 1-3 months and think they are geniuses...
There are quite a few darwins who manage to get Gold status in their first year thanks to this "pumping" and where are they next year?
  • #822
  • Feb 25, 2025 12:41am Feb 25, 2025 12:41am
Quoting EURsniper
{quote} Yes I know,but that is Darwinex's problem.Anyway only the dumbest investors invest into young darwins. Sometimes these are friends and family backing known person... Investing in anybody(unless you know the person) before he demonstrated staying power and discipline,is fools errand and that means anything less than 2-3 years of trackrecord. I also think ,what Darwinex calls, calibration phase is a fucking joke.It should be minimum 45 trading days(that's minimum data for Risk Engine to work properly),optimally it should be 6 trading months.But...
Well, there is good to know there is a backdoor to qualify real fast. Now if ppl don't trust a new person, that is secondary.
It's just that they present themselves as an ultimate cross t's/dot i's operation and it is weird to see this contrast.
If it's so obvious no one would invest in him, why allow it?
I think the one week on/3 weeks off somehow helps the formulas...or maybe it's his work/home shedule..
Juan times and times again emphasises the 'time' factor in trading in his comments.
He told me a year..2..5 years is the horizon to judge how his risk engine system works.
Well, this just doesn't look right..or a good look for Darwinex.
  • #823
  • Feb 25, 2025 1:15am Feb 25, 2025 1:15am
Quoting OutThere
{quote} I think the one week on/3 weeks off somehow helps the formulas...or maybe it's his work/home shedule..
Of course,if you remember what I wrote about Risk Engine inputs,one of them is frequency of trading. Basically,the more you are exposed to market forces,riskier is your strategy and thus higher VaR%.
It is not only leverage that counts.Frequency of trades,duration of trades,what assets you trade,their present volatility and correlation.
That's why THA is granted such risk profile and,with a lot of luck,achieved what they achieved.During their most successful period they produced almost 100% in 2 -year period. Infrequent scalping.
  • #824
  • Feb 25, 2025 2:18am Feb 25, 2025 2:18am
Quoting EURsniper
{quote} Of course,if you remember what I wrote about Risk Engine inputs,one of them is frequency of trading. Basically,the more you are exposed to market forces,riskier is your strategy and thus higher VaR%. It is not only leverage that counts.Frequency of trades,duration of trades,what assets you trade,their present volatility and correlation. That's why THA is granted such risk profile and,with a lot of luck,achieved what they achieved.During their most successful period they produced almost 100% in 2 -year period. Infrequent scalping.
This guy must have found the ultimate hack.
I doubt he just discovered Darwinex.
  • #825
  • Feb 25, 2025 2:57am Feb 25, 2025 2:57am
A few hours ago, I sent customer service an email with those images asking how come?
Let's see what they say.
  • #826
  • Feb 25, 2025 4:04am Feb 25, 2025 4:04am
What's more amazing is that this trader and I started at the exact time and we have made the same % gain.
Here are our charts overlaid.
Attached Image (click to enlarge)
Click to Enlarge Name: combined.jpg Size: 22 KB
  • #827
  • Edited 4:27am Feb 25, 2025 4:09am | Edited 4:27am
based on a live account trading history


Alright, there is stuff we don't see.
So DZ is more transparent then.

Still pretty weird trading tho..1st week of every month.
Maybe he has 4 accounts and activates his main account each week on a different account in order to maximize allocations/investors?????
Maybe I should trade only 1st week of the month
Or maybe he shuts it down after making 5-6% per month and it takes him only the first week.

----------------------------------------

Thank you for your message and your question.

All the DARWINs with three letters such as YME are DARWINs created based on a live account trading history and they are opened to third party capital from the moment the DARWIN is created.

Darwinex Zero DARWINs have four letters (XXX) and they are opene to third party capital investment once they are promoted to DarwinIA GOLD and remain opened to third party investment regardless of maintaing the DarwinIA GOLD status.

I hope this email answers your question.

We remain at your disposal for any other question or request you may have, we will be back to you as soon as possible.

Kind regards,
  • #828
  • Edited 11:12pm Feb 25, 2025 8:41pm | Edited 11:12pm
I sent Luis this email. Let's see how he responds.
I should have better proof-read it. lol

------------------------------------------------------------------------------
Hi Luis,

You are exactly the person I need to discuss some issues with.

I have another concern that I will explain in another email.

So, firstly, regarding Darwin vs. DZ track record issue, both start with a calibration process and both end up with approximately the same result.
After the Darwin has the advantage of his past results for his future benefit. He could have chosen an account with a successful strategy to base his track record on even if he has several other failing ones. That is a big advantage.
But for the DZ trader, it just starts there and he has to prove himself in that particular account for 8 months to reach the same level as the Darwin. What is striking about that is Darwin has benefit of the past performance while the DZ trader depends on a future performance. Right there you are comparing past with future. Is that fair?

Additionally, the Darwin's supposed track record in his account is unknown to a DZ trader or an investor. It's not a transparent process when DZ trader has to show 8 months of future trading compared to a Darwin who is not showing anything upon completion of the calibration. And that is also fair? Seems like Darwinex considers those with a real account more superior to DZ's.

So, why not after calibration, regard both traders equal as far as their trading skills is concerned with the same uncertain future ahead of them?

Right now I have 4 accounts with DZ. The one you mentioned (XXXX) is one of my accounts which will be part of my other issue for the next email.

It so happens that I started one of my accounts, YYYY, at the exact time that YME started his with a similar overall rating, thus they are perfect for a comparison.

I have included an overlaid chart image for both. The charts are in H4 tf.
If you look at both charts, after calibration, YME shows only 3 candles (D1) worth of trading vs. YYYY with 22 of them.
YYYY has shown a market performance of over 7 times that of YME.
If an investor takes a look at both, do you think they would be satisfied that both these traders are equal considering they have a similar return? Worse yet, one has qualified for investor capital already from the get go and has come out 3 days to trade.

I've exchanged emails with Juan before where he has emphasized how important the role of time is in the risk engine's assessment of a trader's performance. He wrote 1 year, 3, 5 years of trade history is needed to see it work. Seriously, the risk engine somehow judged YME with 3 candles to be the same as far as performance goes and your screening rules gave him immediate credibility to be invested in?

It just doesn't make sense.

I'll stop and wait for your response to my points so far.
  • #829
  • Feb 25, 2025 9:34pm Feb 25, 2025 9:34pm
Quoting OutThere
I sent Luis this email. Let's see how he responds. I should have better proof-read it. lol ------------------------------------------------------------------------------ Hi Luis, You are exactly the person I need to discuss some issues with. I have another concern that I will explain in another email. So, firstly, regarding Darwin vs. DZ track record issue, both start with a calibration process and both end up with approximately the same result. After the Darwin has the advantage of his past results for his future benefit. He could have chosen an...
I also emailed Luis and told him to him not to waste anytime answering your question.

You already answered your own question.

Remember when you said that no investors would want to invest in "demo" traders. Well there ya go cupcake. YME is trading "real" funds. He's a major alpha male trading stud. Your just some random demo muppet. Of course investors will need to see 8 months or more.

DZero cant have demo muppets throwing $40 darts at a dartboard for a couple of months hoping to get lucky and then expect some sort of potential access to investor capital.

And then there's the big picture. Investors are big boys that can make big boy decisions. They can see YME's short track record and make adult decisions.
Pride always comes before destruction.... -Proverbs 16:18
  • #830
  • Edited 11:25pm Feb 25, 2025 10:40pm | Edited 11:25pm
Idiot with a -2.50 Feb performance and way down the list, also on my ignore list has something to say...Can't hear you from way back in the dust.. get closer..if you ever can!
Attached Image (click to enlarge)
Click to Enlarge Name: dum.jpg Size: 10 KB
  • #831
  • Feb 25, 2025 11:23pm Feb 25, 2025 11:23pm
Luis is so nice and polite and extremely knowledgable. He is very proud of Darwinex and knows it inside out...in fact as a programer/engineer etc., he maybe the guy behind the technicals? He has posted 'it's my company' about Darwinex before. I'm just very happy to have connected with him, tru customer service and to hear from him. that's gold.

I hope he doesn't give me just a link. He is a very elequent speaker. I'm going to read it in his accent when I get it.

I'll post it around when he replies.
  • #832
  • Feb 25, 2025 11:50pm Feb 25, 2025 11:50pm
Quoting OutThere
Luis is so nice and polite and extremely knowledgable. He is very proud of Darwinex and knows it inside out...in fact as a programer/engineer etc., he maybe the guy behind the technicals? He has posted 'it's my company' about Darwinex before. I'm just very happy to have connected with him, tru customer service and to hear from him. that's gold. I hope he doesn't give me just a link. He is a very elequent speaker. I'm going to read it in his accent when I get it. I'll post it around when he replies.
Poor Luis has to waste his time with some entitled demo trader answering a question that doesn't need answering.
Pride always comes before destruction.... -Proverbs 16:18
  • #833
  • Edited 2:14am Feb 26, 2025 1:29am | Edited 2:14am
In I think 2018/19 Darwinex asked me to send them my own broker's statement. Didn't have to be very long. I did and they immediately asked me to join as a Darwin cause back then they could open brokerage accts for me.
I was surprised. It was track record of a heavily martingled EA I had found on the net and I was experimenting and playing with it on auto lot size with about 3K. I didn't care if I lost the money but it had survived with something like %50-70 gain in about 3 month. Darwinex was astound at what a good trader I was and pretty much rolled out the red carpet.
I didn't accept cause I'd have to adjust the risk to 6.9 or whatever it was and with a monster of a marty system I had at hand, i really couldn't guarantee it wouldn't blow up if I altered it that much...that and only 15% commission and ranking hoopla..I had better things to do.
I still have the emails..

But why have a trader qualified to be invested in when no one would invest in him?

The policy for 3 letters trader is just a marketing easy onbarding rule Darwinex has for their own accounts and the affiliated.
All you have to do is blow as many accounts as you want and finally to participate an account that survived preferably with good steady gain.
Then you get a badge of 'Invest in XYZ'.


They just need to level the playing ground.


I was once an elite Darwin prospect, so I know.
  • #834
  • Feb 26, 2025 9:11am Feb 26, 2025 9:11am
Attached Image (click to enlarge)
Click to Enlarge Name: Darwin0226.PNG Size: 25 KB



Secured 30K for the month, too risky to try for anything higher, risk:reward not there. Done for the month, will trade on 60K in March
  • #835
  • Feb 26, 2025 9:39am Feb 26, 2025 9:39am
Quoting pipmaster77
{image} Secured 30K for the month, too risky to try for anything higher, risk:reward not there. Done for the month, will trade on 60K in March
Fantastic start!
Pride always comes before destruction.... -Proverbs 16:18
  • #836
  • Feb 26, 2025 11:10am Feb 26, 2025 11:10am
Quoting Expo33
{quote} Fantastic start!
Thanks. Picked up right where I left off. Had the inner degen gambler in me not come out in December, I'd probably be staring at gold right now.
  • #837
  • Feb 26, 2025 4:10pm Feb 26, 2025 4:10pm
Quoting pipmaster77
{image} Secured 30K for the month, too risky to try for anything higher, risk:reward not there. Done for the month, will trade on 60K in March
Nice stop. Better safe than sorry. I'm only up a fraction but my rating is 81.20 so I'm gonna ride the rest of the week out. Could pull the plug but I'll YOLO since I would still have 90K for the next 2 months and the 100K is always in play.
  • #838
  • Mar 1, 2025 12:24am Mar 1, 2025 12:24am
Highlight trader this week: LPX

2 investors for 120K after 4 months of trading?

That's either 2 very confident investors or 2 very rich friends!
Attached Image (click to enlarge)
Click to Enlarge Name: dar.png Size: 28 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #839
  • Mar 1, 2025 2:26am Mar 1, 2025 2:26am
Quoting OutThere
In I think 2018/19 Darwinex asked me to send them my own broker's statement. Didn't have to be very long. I did and they immediately asked me to join as a Darwin cause back then they could open brokerage accts for me. I was surprised. It was track record of a heavily martingled EA I had found on the net and I was experimenting and playing with it on auto lot size with about 3K. I didn't care if I lost the money but it had survived with something like %50-70 gain in about 3 month. Darwinex was astound at what a good trader I was and pretty much...
Darwinex probably fired that moron you communicated with a long time ago. I am closely watching for more than 5 years and some employees were either dumb and only there for collecting a salary or downright sabotaging the company. One was very prominent and he disappeared few years back.
Unfortunately they still have at least one genuine moron at the marketing department,because every few weeks he manages to rise my blood pressure with those e-mails they are sending out at the end of the week.He is irresponsible fool and leading investors and beginner traders on the wrong path.
  • #840
  • Mar 1, 2025 3:10am Mar 1, 2025 3:10am
slowly progressing...
got another 30K, now at 90K total.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB
7 traders viewing now